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Furniture & Floor Coverings in the United Kingdom

Furniture & Floor Coverings in the United Kingdom

Summary

Furniture & Floor Coverings in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the United Kingdom furniture & floor coverings market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

- The furniture & floor coverings market consists of the following two segments: furniture and floor coverings.
- The UK furniture & floor coverings market had total revenues of $17,274.7m in 2017, representing a compound annual growth rate (CAGR) of 1.7% between 2013 and 2017.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 1.4% for the five-year period 2017 - 2022, which is expected to drive the market to a value of $18,481.8m by the end of 2022.
- Home ownership rates fell to their lowest level since 1985 in 2017, reaching 63.4%. This continued a trend of falling rates since 2008. Soaring rents are leaving many caught in the rent trap, unable to save the necessary money for a deposit. This is hitting millennials hardest and this trend of reduced ownership is concerning for furniture retailers. Renters typically spend less on such items as they don't get the benefit of home renovations that a buyer does.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the furniture & floor coverings market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the furniture & floor coverings market in the United Kingdom
- Leading company profiles reveal details of key furniture & floor coverings market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom furniture & floor coverings market with five year forecasts

Reasons to buy

- What was the size of the United Kingdom furniture & floor coverings market by value in 2017?
- What will be the size of the United Kingdom furniture & floor coverings market in 2022?
- What factors are affecting the strength of competition in the United Kingdom furniture & floor coverings market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom's furniture & floor coverings market?
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Furniture & Floor Coverings in the United Kingdom
Published By :MarketLine
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